Sony is raising the price of its PlayStation 5 consoles by $100 in the United States, effective April 2. The standard version of the hardware will now retail for $649.99, …
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Asian countries have already begun implementing energy rationing, a development that Shell suggests is a preview for Europe’s potential future. The restricted flow of oil through the Strait of Hormuz …
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The landscape of generative AI has shifted once again following OpenAI’s announcement that it is shuttering its Sora video tool. The decision brings a halt to a platform that had …
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Global financial markets are sending a clear signal to UK homeowners: expect higher borrowing costs regardless of short-term diplomatic breakthroughs. While the US has temporarily shelved plans to attack Iranian …
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Japan to Begin Biggest-Ever Oil Release as Iran War Threatens to Cut Off Crude Supplies
by admin477351Japan announced this week that it will begin the biggest-ever release of oil from its national reserves, a move driven by fears that the US-Israel conflict with Iran could severely …
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Treasury Secretary Bessent Reveals Plan to Weaponize Iranian Oil Against Tehran’s Price Strategy
by admin477351Scott Bessent, serving as Treasury Secretary, disclosed Thursday that the United States is seriously considering removing sanctions on Iranian oil stranded on the high seas as part of an aggressive …
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Mark Zuckerberg Closes the Book on Metaverse After Racking Up Nearly $80 Billion in Losses
by admin477351Meta is drawing a line under one of the most costly experiments in corporate history. Horizon Worlds, the virtual reality platform that was supposed to be the foundation of the …
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From payments app to global bank: revolut’s 2025 results reveal profits, growth and environmental concerns
by admin477351Revolut has published its 2025 annual results, revealing a 57% surge in profits to £1.7 billion and a customer base that has swelled to 68.3 million, while also disclosing material …
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President Donald Trump’s announcement of a five-day delay in planned US strikes against Iranian energy infrastructure sent global financial markets sharply higher on Monday. The president described weekend diplomatic discussions …
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Hopes for a more accommodative monetary policy were dashed this week as the Federal Reserve kept interest rates steady. Fed Chair Jerome Powell cited the “unknowns” of the Iran conflict …